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UK gets improved terms for 2,500 workers as it recommits to Tata Steel deal

Business Standard LogoBusiness Standard5h ago

UK gets improved terms for 2,500 workers as it recommits to Tata Steel deal - Business Standard

Quick Summary:

The switch to electric steelmaking is expected to cut Britain's carbon emissions by 1.5 per cent as Port Talbot's coal-fired plant is the country's biggest single carbon emitter.

The government said about 2,000 Tata staff had already expressed an interest in taking voluntary redundancy.

China-owned British Steel, which has two blast furnaces in Scunthorpe, northern England, is also in talks with the government about shifting to cleaner manufacturing.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-11 @ 17:46:08 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22459582

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 325 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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